Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Elastic NVMEX:ESTCN 72 12-1 Month Momentum % is -35.63% as of Aug. 27, 2026. GuruFocus rates MEX:ESTCN with a GF Score™ of 72/100 and a GF Value™ of MXN1,483.23 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,769 Software companies, Elastic NV ranks worse than 50.7% on this metric.
12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-08-27), Elastic NV's 12-1 Month Momentum % is -35.63%.
The industry rank for Elastic NV's 12-1 Month Momentum % or its related term are showing as below:
MEX:ESTCN's 12-1 Month Momentum % is ranked worse than 50.7% of 2769
companies
in the Software industry
Industry Median: -23.71
vs MEX:ESTCN: -35.63
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Elastic NV 12-1 Month Momentum % Related Terms
MEX:ESTCN vs NAVN, CVLT, APPF: 12-1 Month Momentum % Comparison
For the Software - Application subindustry, Elastic NV's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elastic NV 12-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Elastic NV's 12-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Elastic NV's 12-1 Month Momentum % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a 12-1 Month Momentum % of -35.63% mean?
Elastic NV (MEX:ESTCN) has a 12-1 Month Momentum % of -35.63% as of Aug. 27, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Elastic NV and its competitors. According to the industry distribution chart, Elastic NV ranks #1404 out of 2769 companies in the Software industry, placing it in the top 50.7%.
Is Elastic NV's 12-1 Month Momentum % too high?
Elastic NV's current 12-1 Month Momentum % is -35.63%. Based on the distribution chart, Elastic NV ranks #1404 out of 2769 companies in the Software industry, which is below the industry midpoint. Overall, Elastic NV has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elastic NV's 12-1 Month Momentum % compare to NAVN and CVLT?
According to the Software industry distribution chart, Elastic NV ranks #1404 out of 2769 companies for 12-1 Month Momentum %. This places Elastic NV in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Software company?
A good 12-1 Month Momentum % depends on the Software industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Elastic NV and its competitors. Elastic NV's current 12-1 Month Momentum % is -35.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastic NV stock overvalued right now?
Based on GuruFocus' analysis, Elastic NV (MEX:ESTCN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,483.23, compared to a current price of MXN1,117.89 — trading 24.6% below its estimated fair value. The current 12-1 Month Momentum % is -35.63%. Elastic NV's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Elastic NV (MEX:ESTCN), the current 12-1 Month Momentum % is -35.63% as of Aug. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elastic NV (MEX:ESTCN) Overvalued in 2026?
Based on GuruFocus' analysis, Elastic NV stock appears to be undervalued.
The current stock price of MXN1,117.89 is trading 24.6% below its estimated GF Value™ of MXN1,483.23.
GuruFocus considers Elastic NV to be Significantly Undervalued.
Key valuation signals for MEX:ESTCN:
12-1 Month Momentum %: -35.63%
GF Value™: MXN1,483.23 vs. price of MXN1,117.89 (24.6% below fair value)
No single metric tells the full story. See the MEX:ESTCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elastic is a software company that specializes in AI-search, observability, and security deployments. Its search division offers both traditional keyword search and vector search methods to enable more context-aware querying. The software has open-source origins but generates revenue through valuable add-ons, including simplified data orchestration and server scaling techniques.
72GF Score
Get the complete analysis for MEX:ESTCN
12-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:ESTCN has been successfully added to your 
